News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
-
Jan- 2023 -16 January
Matalan rescue deal to wipe founder’s control of group
Matalan founder John Hargreaves is reportedly set to lose control of the group after its lenders finalised a rescue deal…
Read More » -
16 January
M&S announces £480m store investment plan
Marks and Spencer has announced a £480m plan to invest in 20 “bigger and better” stores over the next two…
Read More » -
16 January
Sainsbury’s and Just Eat agree grocery delivery partnership
Just Eat has launched a new partnership with Sainsbury’s, marking the platform’s second tie-up with one of the UK’s ‘Big…
Read More » -
16 January
Iceland appoints MD as executive chairman
Iceland Foods has announced the appointment of its managing director, Richard Walker as executive chairman, as his father, Malcolm Walker…
Read More » -
13 January
UK economy beats expectations as it grows 0.1% in November
The UK economy unexpectedly grew by 0.1% in November as the World Cup helped boost restaurant and pub sales, according…
Read More » -
13 January
DFS maintains guidance amid strong winter trading
DFS has maintained its profit guidance for the full-year following a strong start to its winter trading period. In the…
Read More » -
13 January
N Brown sees Q3 sales slip 7.6%
N Brown has revealed its third quarter sales dropped by 7.6% to £249.2m in the 18 weeks to 31 December.…
Read More » -
13 January
Card Factory appoints new CFO
Card Factory has announced the appointment of Matthias Seeger as its new chief financial officer. He is expected to take…
Read More » -
13 January
Very retail sales up 2.2% over Christmas period
Very Group has announced that its retail sales increased by 2.2% compared with the trading period in 2021 for the…
Read More » -
12 January
Strong Christmas boosts Tesco’s Q3 sales to £19.7bn
Tesco has announced revenues of £19.7bn, a 6.1% increase, in the UK and ROI for the 19 weeks ended 7…
Read More »
